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4-Traders Homepage  >  Equities  >  Nyse  >  General Electric Company    GE

GENERAL ELECTRIC COMPANY (GE)

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General Electric : CDB Aviation, GECAS place orders for new 737 MAX 10

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06/19/2017 | 12:44pm CEST

Two aircraft leasing companies kicked off orders for the newly launched Boeing 737 MAX 10 on Monday.

CDB Aviation, the aircraft leasing arm of China Development Bank, signed a provisional deal for 60 Boeing aircraft including 10 of the latest member of the 737 MAX family.

The Hong Kong lessor also signed a memorandum of understanding for 42 Boeing MAX 8 and 8 wide-body Boeing 787-9 airplanes at a ceremony at the Paris Airshow.

GE Capital Aviation Services (GECAS), part of General Electric (>> General Electric Company), announced a purchase of 20 of the Boeing 737 MAX 10 aircraft, which will seat up to 230 people.

(Reporting by Tim Hepher; Editing by Sudip Kar-Gupta)

Stocks treated in this article : Boeing Company (The), General Electric Company
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Financials ($)
Sales 2017 126 087 M
EBIT 2017 17 742 M
Net income 2017 12 802 M
Debt 2017 79 456 M
Yield 2017 3,50%
P/E ratio 2017 18,96
P/E ratio 2018 15,81
EV / Sales 2017 2,53x
EV / Sales 2018 2,24x
Capitalization 239 243 M
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Mean consensus OUTPERFORM
Number of Analysts 17
Average target price 32,1 $
Spread / Average Target 17%
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Managers
NameTitle
Jeffrey R. Immelt Chairman & Chief Executive Officer
Shane Fitzsimons Senior Vice President-Global Operations
Jeffrey S. Bornstein Vice Chairman & Chief Financial Officer
Jim Fowler Chief Information Officer
Victor Abate Chief Technology Officer & Senior Vice President
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